{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Plenty with Kate Northrup","title":"Episode 167: The Secret to Making More Money While Working Less","html":"","width":"100%","height":180,"duration":2560,"description":"When I was a senior in college, Tim Ferriss came out with the first edition of The 4-Hour Work Weekand I was fascinated. As a productivity junkie since the age of 14, I couldn’t get enough. I devoured it. One of the concepts in particular changed something in me forever. The school system had taught me to become well-rounded. The college application process had groomed me to fill in all of the areas and how important it was to excel in academics as well as the arts, athletics, good citizenship, and any other extracurricular activities I could possibly pack into my schedule. The pursuit of being good at all the things all the time left me feeling wrung out. Enter Pareto’s Principle. The concept is simple: 80% of your results will be caused by 20% of your efforts. Wait. I didn’t have to be practically perfect in every way? What a freaking relief! For the first time, I had permission to go all in on only the things that I was the best at that got me results and to stop trying to be good at everything. And, if I did, I would actually get better results. This felt like the closest thing to magic I could have possibly discovered. It wasn't until my early 30’s when I was recording a lesson on Pareto’s Principle (aka The 80/20 Rule) that I realized I’d never found a practical way to apply this theory. I wanted a list of my 20% of activities so that I could stay focused on them and not go back to my old way of being kind of good at a lot of things. I wanted to really rock a few things to amplify my results. Everyone else seemed to just be talking about the theory, so I came up with a simple way to get a list of the 20% of activities that I needed to zero in on to get 80% of my results (and by default a way to get a list of the 80% that I could let go of, outsource, or simply not give my all to). If you want to achieve more by doing less, the single most important thing you can do is get clarity on what the 20% of activities is that gives you 80% of your results. Turns out...","thumbnail_url":"https://img.transistorcdn.com/o03JRta_QRrWYpVnGEniH9ofqOD9uyABk7kkXvT0B_E/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQ1MzMzLzE2OTUz/ODkwNzQtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}